About: josephine
Recent Posts by josephine
Oil prices up as uncertainty looms over Iran president’s fate
Key points: Oil prices edged higher in early Asian trading on Monday, adding to last week’s gains. This increase came as rescuers searched for Iran’s President following a helicopter crash in the oil-producing nation and as the U.S. moved to replenish its national stockpile. Picture: Oil prices on the rise as seen on VT Markets Continue Reading
Written on August 15, 2026 at 10:25 am
Categories: Today's Analysis
Australian Dollar climbs above $0.67 with fresh China stimulus and US Fed rate cut bets
Key Points: The Australian dollar (Symbol: AUDUSD) marched towards four-month highs, priced above $0.67, as fresh stimulus in China and bets for interest rate cuts in the US boosted commodity prices, lifting sentiment in the Australian markets. SEE: The Aussie reacts strongly on the VT Markets trading app Fresh stimulus measures in China Late last Continue Reading
Written on August 15, 2026 at 10:25 am
Categories: Today's Analysis
Copper prices see slight decline with weaker base metals market and firmer US dollar
Key points: On Tuesday, prices of copper (Symbol: COPPER-C) fell from their record high in a broadly weaker base metals market. The three-month copper on the London Metal Exchange (LME) eased 0.8% to $4.90 per pound. Similarly, the most-traded July copper contract on the Shanghai Futures Exchange (SHFE) edged down 0.4% to $5.42 per pound. Continue Reading
Written on August 15, 2026 at 10:25 am
Categories: Today's Analysis
US Dollar Index (DXY) declined as inflation eases: Markets rally on rate cuts optimism
Key Points: The US Dollar Index (DXY) experienced a sharp decline on 15 May 2023 (Wednesday), dropping about 1% from 105.04 to the 104.20 zone. This marks the third consecutive losing session for the greenback, which has now erased approximately 3% of its valuation this month. The catalyst for this decline was the latest US Continue Reading
Written on August 15, 2026 at 10:24 am
Categories: Today's Analysis
Oil poised for weekly gain on rising demand
Key points: Oil prices increased on Friday, with global benchmark Brent set for its first weekly gain in three weeks due to signs of improving demand from key consumers China and the United States. Picture: Oil prices on the rise as seen on VT Markets app. Brent and WTI crude futures edge higher Brent crude Continue Reading
Written on August 15, 2026 at 10:24 am
Categories: Today's Analysis
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